BlackRock has purchased over $160 million in $ETH , marking the largest daily $ETH ETF inflow in the past four months, reflecting a resurgence in institutional demand for the asset.

Whales are accumulating $ETH , with Abraxas Capital withdrawing 44,612 ETH worth about $123 million from exchanges like Binance and Kraken, indicating strong institutional interest.

An expert spotted an inverse Head and Shoulders pattern on Ethereum's two-week chart, suggesting a price target near $19,500, indicating a notable rise from current levels.